Selling A House Quick In A Bad Real Estate Market

by

Philip Askew

To sell your house fast, you must prepare your house for the market. These tips will help you get a buyer for your house even in a depressed real estate market.

1) Price

Of course, price is the first thing people look at before they come look at t your house. If you price it lower than other similar houses in the market, it sticks out more in the market and attracts more interested buyers.

Houses that have been on the market for more than 3 weeks lose their appeal to most buyers.

Detach yourself emotionally from the house when setting the price tag. What you paid for it is not important; people look for the current value of similar houses in the neighborhood.

If your mortgage balance allows you to set the price lower than other similar houses, by all means go for it.

Invite realtors in your area to provide views about its condition and pricing to be competitive in the market. look at your home like a home buyer, instead of adopting a seller stance. What factors make it more appealing than other houses, location, size and other factors etc? If you were looking to buy a house in this area, would you buy it at the price with the amenities it has?

2) Physical condition of the house

When you look at the house from the outside, what is the first impression you get? Does it look like it needs some work from the outside?

When they step through the door, are the smell and atmosphere welcoming to them? If you were a buyer, would you love to live in this house?

You must be careful not to spend too much money fixing it up, or you may be unable to price it competitively.

If at all, most of the work should be simple clean up and minor touches.

3) What if have a high mortgage balance or it needs repairs?

As it happens, you may not have enough money to do repairs, or the mortgage balance it too high to allow you to price it low.

Consult with real estate investors who buy and sell houses in your area.

Real estate investors can buy your house even when it needs repairs or even if the mortgage balance is high.

In most cases, most real estate investors will let you know if they can buy your house typically within 24 to 48 hours. They will discuss all the numbers with you with no obligation.

Philip Askew is a real estate expert and real estate investor buying houses in Rio Vista California.He has seen many people buy and sell their houses using creative techniques. To further expand your knowledge in real estate and how to

sell your house fast

, please visit

philyhelp.net

Article Source:

ArticleRich.com